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Pancho Colorado dies in U.S. prison cell

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Chivis Martinez for Borderland Beat from Noreste thank you “HL”
Attempted bribing judge, in Zetas money laundering, horse racing trial

Zetas Trial Pancho is circled in red

Mexican businessman Francisco Colorado Cessa, alias “Pancho Colorado,” died of a heart attack Sunday morning, inside a prison cell in the United States, in which he was incarcerate  since June 2012, convicted of money laundering for  the Los Zetas Cartel.

This was reported to the Veracruz newspaper Noreste, and according to sources of close relatives. Then, his death was confirmed by his son José Antonio Colorado Salman in social networks. 

“I’ll love you all my life, thank you so much, you will always stay in my heart, rest in peace, dear dad I love you.” 

Colorado Cessa was sentenced in March 2016, by the District Court for West Texas, for attempting to bribe a federal judge. That same year, “Pancho Colorado” appealed that and another previous conviction, which together amounted to 20 years in prison.

However, in October 2017, a federal court in New Orleans confirmed the conviction of the Veracruz businessman, who in May 2013, along with two equine trainers and José Treviño Morales, brother of the Los Zetas cartel leader, Miguel Treviño Morales, aka the “Z-40″, were found guilty for money laundering through the purchase of thoroughbred racehorses.

The Court of New Orleans also ordered the seizure of bank accounts of the businessman from Veracruz, his wife, Maria Emma Salman, and his company, with 25.5 million dollars, as well as a Beechcraft King Air B200 aircraft, worth 2 million of dollars, and a Hawker 800XP auctioned at 2.2 million dollars.

The US government presented sufficient evidence that Colorado Cessa bought horses for the Zetas using money from the criminal group and using their company ADT Petroservicios, contractor of Petróleos Mexicanos (Pemex), as a front to hide the operations, the Court said.

“It is also proven that Colorado was closely associated with Los Zetas, knew the origin of their money, accepted money from them to care for horses that were in the name of Colorado, and bought others in a clandestine way,” found the Court in New Orleans.


Source: http://www.borderlandbeat.com/2018/03/pancho-colorado-dies-in-us-prison-cell.html



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